Dunelm Group (LON:DNLM) Rating reiterated by Barclays
Dunelm Group (LON:DNLM)‘s stock had its “overweight” rating reiterated by Barclays equity research analysts in a research note released Wednesday, PriceTargets.com reports. They currently have a target price of 1,775 GBX ($24.00) on the stock. Barclays’ price target indicates a potential upside of 33.46% from the current share price.
A number of other research analysts have also recently commented on the DNLM. Peel Hunt reworded a “buy” rating and published a target price of 1,750 GBX ($23.66) on Dunelm Group shares in a research note on Thursday, December 23. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a target price of 1,400 GBX ($18.93) on Dunelm Group shares in a research note on Thursday. Royal Bank of Canada reaffirmed an “outperform” rating and set a price target of 1,650 GBX ($22.31) on Dunelm Group shares in a research report on Monday, January 31. Finally, Berenberg Bank reiterated a “buy” rating and issued a price target of 1,620 GBX ($21.91) on Dunelm Group shares in a Wednesday, January 5 report. One analyst gave the stock a hold rating and six gave the stock a buy rating. Based on MarketBeat data, Dunelm Group currently has an average rating of “Buy” and a consensus target price of 1,685 GBX ($22.79).
DNLM stock opened Wednesday at 1,330 GBX ($17.99). Dunelm Group has a 12-month low of 1,219 GBX ($16.48) and a 12-month high of 1,599 GBX ($21.62). The company has a quick ratio of 0.58, a current ratio of 1.34 and a debt ratio of 104.30. The company has a market capitalization of £2.70 billion and a price to earnings ratio of 21.14. The company has a 50-day moving average of 1,347.48 GBX and a two-hundred-day moving average of 1,348.85 GBX.
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In other news, insider Laura Carr sold 54,583 Dunelm Group shares in a trade that took place on Wednesday, December 1. The shares were sold at an average price of 1,337 GBX ($18.08), for a total value of £729,774.71 ($986,848.83).
Dunelm Group Company Profile
Dunelm Group plc is engaged in the retail sale of household goods in the United Kingdom. The company offers furniture for bedrooms, living rooms, dining rooms and offices; sofas and armchairs; bean bags; bed frames, mattresses, box springs and box springs and headboards, and children’s beds; and bedding products, such as bed linen, duvets, pillows, protectors and bedding for babies and children.
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